2/10/2015
[Baghdad-Line] Search Minister Tariq Kikhany reconstruction with a major Chinese state-owned companies implement huge construction projects in a way payment on credit According to a ministry statement received by all of Iraq [where] a copy of the "Kikhany met with a delegation of major Chinese state-owned companies specializing in the implementation of construction projects for the sectors of housing, roads, bridges and infrastructure projects representatives. The minister said that "the meeting also discussed the construction of residential units save time by 20% and the value of the cost by 30%, especially since these companies have advanced capabilities in construction and has a coefficient for the construction of an integrated residential units of high quality standard of times a Maysahm significantly mitigate the housing crisis because of the need Iraq to more than 2.5 million housing units. " He stressed that he has been invited to these companies to submit bids implementation of projects in a manner of payment on credit according to the current trend, the ministry in line with the economic situation of the country. The minister continued, according to the statement that "The ministry has a previous successful experiences with Chinese companies, as has been the signing of memoranda of understanding with two Chinese companies previously and we'd like to continue cooperation and the formation of partnerships between the executive ministry companies and Chinese companies in order to refine the technical and engineering expertise and keep up with new technologies. He pointed out that "the ministry is seeking to go more towards investment, especially with discreet international companies that contribute to the achievement of the various construction projects according to the latest specifications and within a timely fashion in addition to the role of the large investment in the upgrading work of career employees of the ministry through the exchange of experiences Almstrkh.anthy
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